Plan Ledger DOL Form 5500 · updated monthly

Abatix Corp.401(k)

ABATIX CORP. 401(K) PROFIT SHARING PLAN · MESQUITE, TX · plan year 2024

Reported admin expense ratio · 2024
0.31%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Abatix Corp. reported $81,954 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,721 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.34% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,627th-largest of 5,688 plans among Texas employers on file, and the 1,444th of 4,246 in wholesale trade. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 180 to 202 since 2022.

Plan summary
Net assets, end of year$27,786,284
Participants with balances224
Active participants202
Employer contributions$549,559
Employee contributions$1,639,542
Employer contribution per active participant$2,721
Average account balance$124,046
Benefits paid to participants$2,541,109
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.8M · 224 accts · $550K emplr
2023$24.8M · 221 accts · $533K emplr
2022$21.4M · 210 accts · $490K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,975
Investment management$23,276
Trustee / custodial$4,089
Total administrative$81,954
The Abatix Corp. 401(k) match · 2024
Employer contribution per active participant$2,721
Median for plans this size$2,416
2024$2,721 per active participant
2023$2,664 per active participant
2022$2,724 per active participant

Abatix Corp.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BOKF, NA · Custodial (securities) · Trustee$81,345

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$81,954 · 0.31%
2023$77,681 · 0.34%
2022$79,578 · 0.34%
All plans at this employer2
ABATIX CORP. 401(K) PROFIT SHARING PLAN401(k)
ABATIX CORP. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Texas
Pce Technology, Inc. TX$30.0M · 0.06%
United Notions, Inc. TX$29.4M · 0.15%
T. F. Hudgins, Inc. TX$28.1M · 0.08%
Trans-Tech Energy, LLC TX$26.2M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751908110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.